10 CEOs with Multi Million Retirement Packages


2. Lee Raymond
Company: Exxon Mobil Corporation
Package: $320 million
Tenure: 1993-2005
Global rank: 2

Lee Raymond, the most talked about former Exxon Mobil CEO who used his powerful post as a stage for promoting his skepticism in global warming, collected $321 million when he retired as CEO in 2005. Globally Lee Raymond ranks second among the CEOs with highest retirement packages.

3. William McGuire
Company: UnitedHeath Group
Package: $286 million
Tenure: 1991-2006
Global rank: 3

William McGuire handled the responsibilities of the CEO of UnitedHealth from the year 1991 to 2006 and while stepping down fetched a retirement package of $286 million that made him the third CEO with highest retirement package. Just before McGuire retired, UnitedHealth received regulatory approval for its $9.2 billion purchase of PacifiCare Health Systems in the year 2005. Along with McGuire three other CEOs collected over $100 million in severance pay worked in healthcare industry.

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